As promised, HUD released the 2018 income limits on March 30, 2018 with an effective date of April 1, 2018. As per Revenue Ruling 94-57, Housing Credit income limits must be implemented on the effective date or 45 days from the publication date, whichever is LATER. … [Read more...] about 2018 Income Limits Released
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Conference Update: Seats Filling Fast for the 2018 Event
We opened registration for our 2018 National Compliance Professional (NCP) Conference in mid-January and extended the deadline for the deepest discounts until March 15. Numerous individuals took advantage of this extension as Bobbi was simply swamped. Now, neither of us are … [Read more...] about Conference Update: Seats Filling Fast for the 2018 Event
Interim Final Rule on Streamlining Administrative Regulations Under the FAST Act Effective
On March 8, 2016, HUD published a final rule streamlining regulatory requirements pertaining to certain elements of various multifamily housing programs including, but not limited to, the Housing Choice Voucher (HCV) and Public Housing (PH). … [Read more...] about Interim Final Rule on Streamlining Administrative Regulations Under the FAST Act Effective
HUD to Release FY 2018 Income Limits March 30
In 2011, HUD set a December 1 income limit target release date. However, in 2015, Congress changed how the extremely low-income limit was determined tying it to the release of the Health & Human Services poverty guidelines which are not released until mid- to late-January … [Read more...] about HUD to Release FY 2018 Income Limits March 30
IRS Releases Adjusted 2018 Caps for LIHTCs, PABs
On March 2, the IRS issued Revenue Procedure 2018-18 , which includes updated LIHTC and private activity bond state cap numbers based on a chained CPI. … [Read more...] about IRS Releases Adjusted 2018 Caps for LIHTCs, PABs